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Should the Govt ignore the asset sales petition?

The record number of pre-registrations for Mighty River Power shares shows there is strong appetite for well-structured businesses, says one fund manager.

Pre-registrations have hit 327,600.

Menawhile, supporters of the Keep Our Assets coalition have presented boxes of signatures gathered in petition it hopes will halt the Government's asset sales plan mid-stream.

The coalition, led by Labour, the Greens and Grey Power needs 308,000 valid signatures to trigger a referendum on the Government's partial asset sales plan which is now under way with the sale of Mighty River shares.